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Latest: Fintech News

Singapore Crypto Lender Hodlnaut Freezes Withdrawals
Singapore Crypto Lender Hodlnaut Freezes Withdrawals

Hodlnaut is the latest in a number of crypto players to struggle after a global sell-off that that has seen the collapse of the Luna and TerraUSD tokens

Apple Tells Taiwan Suppliers To Meet China Label Standards
Apple Tells Taiwan Suppliers To Meet China Label Standards

Assemblers in Taiwan such as Foxconn and Pegatron have been ramping up production so Apple can launch its iPhone 14 next month

Baidu Gets China’s First Permits for Driverless Robotaxis
Baidu Gets China’s First Permits for Driverless Robotaxis

Tech conglomerate says permits to operate driverless robotaxis in Chongqing and Wuhan are a "turning point" in China's policy-making towards autonomous driving

Alibaba Shed 9,200 Employees in June Quarter – SCMP
China Chip Fund Head Investigated for Corruption
UK Parliament Shuts TikTok Account Due to China Data Links
Tencent Seen Seeking to up Stake in ‘Assassin’s Creed’ Maker
Li Ka-shing Group Distances Itself From AMTD Digital – FT
Hackers Post Welcome Pelosi Note on China Website – Taiwan News
China Firm Unveils Chip That Closes Gap on US Rival

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Fintech: The Big Picture

China Becomes World’s Second-Biggest Bitcoin Mining Hub

The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.